Question

$P_{01}=\sum \left(\frac{P_1{Q}_0}{P_0{Q}_0}\right)\times 100$ is the formula of:

• A. Laspeyres' Method
• B. Paasche’s Method
• C. Fisher’s Method
• D. None of these

Answer 1

The correct option is A

Laspeyres' Method

$P_{01}=\sum \left(\frac{P_1{Q}_0}{P_0{Q}_0}\right)\times 100$ is the formula of Laspeyres' Method.